Tax planning

ashwani (CA) (72 Points)

25 February 2013  

I have 2 Residential house ,House No.1 is Long term and House No.2 was purchased two years back as if now

I am selling House No.1 Today  so can i plan for saving of capital gain by entering into an agreement of one year back from now and claim the benefit of sec 54 i.e purchased the house preceding one year from the date of  transfer

please provide the solution ..